China Vanke's Hong Kong shares drop 8% after report of CEO detention
The Hong Kong-listed shares of property developer China Vanke plunged more than 8% on Friday after state media reported that authorities had detained its chief executive.A Shenzhen government task force has stepped in to oversee operations at the state-backed developer,
China Vanke shares sink amid speculation over top exec's whereabouts
HONG KONG -- Property developer China Vanke's shares fell sharply in Hong Kong and Shenzhen on Friday, as speculation swirled over the status of its President and CEO Zhu Jiusheng.
China Vanke's CEO Detained by Authorities, State Media Reports
HONG KONG (Reuters) -China Vanke CEO Zhu Jiusheng was detained by public security authorities on Wednesday and a Shenzhen government task force has stepped in to oversee the property developer's operation, state media The Economic Observer reported on Thursday.
China Vanke's Hong Kong shares set to fall 8.4% after CEO reportedly detained
The Hong Kong-listed shares of property developer China Vanke were set to fall 8.4% on Friday after state media reported that Chief Executive Zhu Jiusheng was detained by Chinese public security authorities this week.
China Vanke's CEO taken away by police: Report
Zhu Jiusheng, CEO of Vanke, was "taken away by public security authorities", the Economic Observer reported, citing sources.
China Vanke's Turmoil: CEO Detention Rattles Real Estate Market
China's property sector is in turmoil as China Vanke's CEO, Zhu Jiusheng, has been detained. This has sparked fears of a government takeover, sending the company's shares plummeting. The incident is part of wider concerns about debt in China's real estate market,
China Vanke CEO's reported detention deepens property sector concerns
The future of developer China Vanke and its $45 billion in debt were in focus on Friday after media reports alleged its CEO had been temporarily detained, deepening concerns about China's embattled property sector.
China developer Vanke’s fate in question as shares and bonds drop amid rumours
Shares in developer China Vanke fell and rumours swirled about its CEO’s whereabouts on Friday, as the company’s debts led analysts to discuss a government rescue of the country’s largest builder by revenue.
China: Shares of Chinese developer Vanke plummet 7.8% after CEO reportedly detained
Shares of China’s second-largest property developer, Vanke, dropped 7.8 percent Friday amid uncertainty over the whereabouts of the company's CEO, Zhu Jiusheng. Jiusheng was reportedly detained Thursday night,
Vanke Bonds Rebound From Lows as Focus Shifts to Local Note
China Vanke Co.’s top executive was taken away by police and the Chinese property giant may be assumed by state authorities, ...
Vanke’s Bond Selloff Signals Growing Worries About Debt Payments
China Vanke Co., long considered a bellwether of the country’s property market, is facing a deepening bond selloff as worries ...
Hong Kong stocks trim gains on China GDP data while Vanke tumbles
China’s economy expanded by 5.4 per cent in the fourth quarter year on year, the National Bureau of Statistics said on Friday ...
The Taipei Times1d
Vanke bonds rebounds on note repayment capability
China Vanke Co (萬科) rebounded from record lows in credit markets, as people familiar with the matter said the distressed ...
China Vanke’s Year of Reckoning Has Finally Arrived
The developer is no longer the gauge that reflects the health of the real estate market. It’s time to initiate a ...